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Politics & Policy


PM's visit to bring industrial revolution in Pakistan: Abid Sher  FAISALABAD: State Minister for Water and Power Abid Sher Ali said on Monday that recent visit of Prime Minister Nawaz Sharif to China would help in bringing industrial revolution in the country.Addressing the inaugural ceremony of 132-KV grid station at M-3 Industrial City near Sahianwala, he said that protesters through their sit-ins in the federal capital had tried to stop the process of national development but the PM visit to China had foiled their attempt and opened new avenues of progress and prosperity. Abid Sher Ali said that the PM visit would bring industrial revolution in Pakistan and electricity projects of 10400 megawatt would be completed in Pakistan. For this purpose, the PM also signed Memorandum of Understandings (MoUs) with China. He said the PML-N government was striving hard to provide uniterrupted supply of electricity to the industrial sector round the clock. He said that PM Nawaz Sharif has signed ...

President Mamnoon for concerted efforts to raise educational standard KARACHI: President Mamnoon Hussain while calling for greater and concerted efforts to raise the standards of learning, especially in the field of higher education, has said that education holds the key to tap huge human resource potential of the nation. Talking to Qazi Khalid Ali, Vice Chancellor of Zulfiqar Ali Bhutto Shaheed Law University, here on Monday, the President said that the government accords highest priority towards education sector and was making efforts to facilitate ...
Agreements with China to help eliminate power crisis: Shahbaz LAHORE: Punjab Chief Minister Muhammad Shahbaz Sharif on Sunday said that a number of agreements had been signed between Pakistan and China for generation of power from coal and other resources during the recent visit of Prime Minister Muhammad Nawaz Sharif to China. These agreements will help in eliminating energy crisis on permanent basis, he said this during separate meetings with the heads of Chinese investment companies and Pakistani delegation in Beijing. He said that ...
Pervaiz Rashid urges Sindh CM to probe journalist's killing ISLAMABAD: Minister for Information, Broadcasting and National Heritage Senator Pervaiz Rashid on Saturday urged Sindh Chief Minister Syed Qaim Ali Shah to ensure a thorough probe into the killing of Jeevan Arain, a journalist working with Dharti TV in Gambat, Khairpur.The minister, in a letter addressed to the Sindh Chief Minister, strongly condemned the target killing of the journalist and conveyed sentiments of the journalist community.He also apprised the chief minister about the demand of ...
Govt to complete development projects on time: Rana Afzal ISLAMABAD PML-N leader Rana Afzal Hussain has said that prime minister himself is monitoring the progress on development projects that is a positive sign.Talking to Radio Pakistan he said Pakistan Railways is being restructured and the ministry has rehabilitated 35 locomotives and 120 passenger coaches from its own resources.He said "no corruption case has imposed on present government so for and all the ministries have been trying to improve their performances.He said "Prime Minister realizes ...
Qatar's outgoing Ambassador pays farewell call on President ISLAMABAD: President Mamnoon Hussain Thursday commended the services of Ambassador of Qatar in Pakistan Sayar Abdul Rahman J.Al-Mawdah, for providing further impetus to bilateral ties during his stay in Pakistan.The outgoing ambassador paid a farewell call on the President here at the Aiwan-e-Sadr after serving in Pakistan for four and a half years.Discussing Pakistan-Qatar bilateral relations, the President said Pakistan attached great importance to its close and cordial relations with Qatar and wished to further ...
LHC seeks details of FIRs against Dr Tahir ul Qadri LAHORE: A Lahore High Court full bench Thursday sought details of FIRs registered against Dr Tahir ul Qadri from federal and provincial governments till November 13.The full bench comprising Justice Muhammad Khalid Mehmood Khan, Justice Shahid Hameed Dar and Justice Anwaarul Haq passed the orders on an application filed by Amjad Ali in a pending petition seeking directions to ban Pakistan Awami Tehreek (PAT).As proceedings started, the petitioner's counsel Fahad Siddiqui Advocate pointed out that ...


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Banking Review 2013

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln